POS lending platform FreshCredit introduced Smart ID Engine passport recognition system

2021: Implementation of a secure passport recognition system

Platform POS-crediting FreshCredit implemented a system of safe recognitions passports. Smart ID Engine This was announced on June 10, 2021 in the company, Smart Engines the developer of this system.

With its help, representatives of 6,000 partner stores working with the platform were able to automatically enter customer data from photos and scanned copies of documents when issuing applications for the purchase of goods or services on credit.

FreshCredit operates in the POS lending market. The company's platform allows you to remotely send a questionnaire for loan approval to 10 banks at the same time. With the introduction of the Smart ID Engine for passport recognition, each user of the platform can quickly apply without manually filling out the customer's passport data. It is enough for him to attach a scan copy or photo of the document to the application, and all the necessary information will be automatically entered in the corresponding fields of the questionnaire. After that, within only one minute, a decision will be made on the FreshCredit platform to issue a loan.

The Smart ID Engine software product is based on the flagship GreenOCR technology, which provides high speed, accuracy and security of recognizing passport data on photos and scans. All document processing is performed on the platform itself FreshCredit without transferring entire or partial images of the document to third-party services or third parties.

"For more than 5 years, we have been developing and introducing technologies that simplify the process of issuing and issuing consumer loans. Using the Smart ID Engine identification system, we offered our users a quick way to automatically fill out passport data during the application process, "said Glukhov Alexey, head of the FreshCredit development department.